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Home AB Greater Edmonton Edmonton Parkdale
11411 88 ST NW
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11411 88 ST NW $1,589,900
$1,589,900
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11411 88 ST NW
Edmonton, Alberta T5B3P9

MLS® Number: E4409089

Listing Description

TRIPLEX with THREE LEGAL SUITES (total of SIX RENTAL UNITS) located in Parkdale. Three 2-Storey Suites w/ 3 bed/2.5 bath & Three 1 bed/1 bath BSMT SUITES. Will qualify for CMHC MLI SELECT FINANCING. Quick access to Nait, Grant MacEwan, U of A, Campus Saint-Jean by LRT or walk/bus to Concordia. Close to Downtown, ICE District, Kingsway Mall, Royal Alexandra & Glenrose Hospital. Potential monthly rental income of $9,750 w/ annual gross revenue of $117,000 & cap rate of 5%. 3-bedroom plan boasts built in bench at entry & 5ftx5ft main floor storage room. Kitchen w/ pantry, quartz counters, vinyl plank flooring & stainless-steel appliances. Tenants will enjoy 3 large bedrooms, 4pc bath, 4pc ensuite & upper-level laundry. BSMT SUITES w/ large SOUTH facing windows for plenty of natural light. Landscaped yard w/ 3 TANDEM ENERGIZED parking stalls. Be part of Edmontons downtown gentrification & realize the real estate APPRECIATION many Canadian Cities have seen. Commercial financing required. Rendering image used. (31914667)

Property Summary

Property Type
Multi-family
Neighbourhood Name
Parkdale (Edmonton)
Land Size
5443 sqft
Built in
2024
Total Parking Spaces
6
Time on REALTOR.ca
31 days

Legal Description

Plan :- RN43B Block :- 78 Lot :- 4

Building

Building Features
Features
Paved lane, Lane
Neighbourhood Features
Community Features
Public Swimming Pool
Amenities Nearby
Shopping, Public Transit, Schools
Parking
Total Parking Spaces
6

Measurements

Square Footage
3600 sqft
Data provided by: REALTORS® Association of Edmonton 101 - 18354 118 Avenue NW Avenue, EDMONTON, Alberta T5S 2G2

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